EBA欧洲银行-EBA-2018-Work-Programme_36页_1mb

EBA 2018 Work Programme Summary

Introduction

The EBA 2018 Work Programme outlines the Authority's objectives and activities for the upcoming years, aligning with its mandate and the ambitions of the Management Board. It serves as a strategic framework to guide resource allocation and task prioritisation for 2018, with a focus on legislative reforms and evolving banking challenges. The document also addresses the impact of the UK's withdrawal from the EU and the transition period of PSD2.

Core Content

The EBA's mission is to establish a single regulatory and supervisory framework across the 28 EU Member States, ensuring an efficient, transparent and stable Single Market. This includes:

• Contributing to the European Single Rulebook (ESRB) to harmonise prudential rules.
• Promoting supervisory convergence to ensure consistent application of regulations.
• Enhancing crisis management for credit institutions, investment firms, and financial market infrastructures.
• Identifying and analysing risks and vulnerabilities in the banking sector.
• Protecting consumers and contributing to secure and efficient retail payments.
• Maintaining professional and competent governance and efficient internal processes.

Key Drivers

1. Supervisory and Resolution Convergence
   The EBA aims to develop tools like supervisory benchmarking, stress testing, and training for examiners, and to address emerging risks such as conduct issues and cyber risk.

2. Strengthening Analytical Capabilities
   The EBA will conduct impact assessments to understand the effects of new regulations and ensure proportionality in their application. This includes evaluating how new rules affect the financial sector and promoting transparent methodologies.

3. Monitoring Financial Innovation
   The EBA will focus on digital banking, Fintech, and peer-to-peer lending, ensuring consumer protection and regulatory clarity. It will also assess the regulatory perimeter for Fintech and its implications on prudential and operational risks.

Strategic Areas and Activities

1. Single Rulebook Development and Maintenance

• The EBA will monitor the CRR/CRD IV and the BCBS's revision of the trading book.
• It will contribute to the RCAP and assess the implementation of Basel standards.
• The EBA will ensure proportionality is embedded in the Single Rulebook.

2. Data Infrastructure and Analysis

• Expand supervisory data infrastructure to ensure secure, efficient, and reliable data collection.
• Increase disclosure and transparency of banking sector data.
• Develop user-friendly tools for data analysis and improve comparability of disclosures.

3. Crisis Management and Resolution

• Support the Single Supervisory Mechanism (SSM) and resolution colleges.
• Monitor and assess resolution plans and resolvability.
• Promote deposit guarantee schemes (DGS) and contribute to the DGSD report.

4. Supervisory Convergence

• Develop supervisory methodologies and guidelines for consistent application across the EU.
• Work on single supervisory handbook and SREP improvements.
• Ensure proportionality and cross-border cooperation in supervisory practices.

5. Non-Performing Loans (NPLs)

• Continue efforts to resolve NPLs through secondary markets.
• Develop standardised data templates and guidelines for managing NPLs.
• Support the European Council's action plan to tackle NPLs.

6. Consumer Protection and Financial Innovation

• Enhance consumer protection in areas like mortgages, personal loans, and retail payments.
• Monitor financial innovation and assess its risks and benefits.
• Contribute to secure and efficient retail payments under PSD2.

7. Internal Governance, Remuneration, and AML

• Ensure robust governance structures and risk management processes.
• Develop remuneration guidelines and monitor their effectiveness.
• Work on AML/CFT and anti-money laundering issues, including outsourcing guidelines.

8. Liquidity Risk Management

• Conduct annual impact assessments on the Liquidity Coverage Ratio (LCR).
• Update technical standards for supervisory reporting and monitoring metrics.
• Support Q&A on liquidity risk.

9. Leverage Ratio

• Monitor the leverage ratio as a tool for assessing excessive leverage.
• Provide guidelines and technical advice on the implementation of the leverage ratio.

10. Other Key Activities

• Fintech monitoring and regulatory perimeter assessment.
• Training for supervisors and policy coordination.
• Impact of the UK leaving the EU on financial stability.
• Resource allocation based on strategic priorities and legislative changes.

Key Priorities for 2018

• Contributing to CRR/CRD and BRRD developments, including reviewing the BCBS's trading book revision.
• Implementing data infrastructure and analysis to enhance the EBA's role as a data hub.
• Monitoring the UK's exit impact on financial stability and the EU economy.
• Evaluating Fintech regulatory perimeter and its implications.
• Promoting proportionality and ensuring consistent application of the Single Rulebook.
• Contributing to NPL resolution through improved data and guidelines.

Conclusion

The EBA's 2018 Work Programme reflects its commitment to regulatory convergence, crisis preparedness, data transparency, and consumer protection. It outlines a comprehensive approach to supervisory activities, risk analysis, and policy support, all aligned with the evolving EU banking landscape and the challenges posed by financial innovation, regulatory reforms, and the UK's withdrawal. The programme is structured around seven strategic areas, with annual activities designed to ensure transparency, efficiency, and effectiveness in fulfilling the EBA's mandate.